Posts in Bach to Business
Signature Blocks and How They Affect Contract Validity

Many people do not pay attention to signature blocks or how a contract is signed. The signature may not match the signature block or the signature block, itself may not be correct. Sometimes, parties never assemble a fully-signed contract and are at a loss when the contract must be produced in a dispute.

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A Modern-Day Beethoven and Government Impersonation Scams

Beginning in the late 20th century, the musical world was captivated by Mamoru Samuragochi, a deaf man who, like Beethoven, composed classical music. Audiences from Japan to New York celebrated his soulful music and flamboyant style. His music was so spectacular that he was celebrated as “Japan’s Beethoven.” 

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Knowing When to Leave Your Business Behind

The Lark Quartet recently announced that after 34 years, it would disband at the end of its 2018/19 season. Business owners similarly may decide to sell, transfer, or close their businesses. Business owners, also, have different goals and motivations for these decisions. 

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Don’t Leave Your Business Entity in a Taxi!

It’s understandable how someone might leave a shopping bag or a small item like keys or a wallet in a taxi. However, in 2008, violinist Phillip Quint left his multi-million dollar Stradivari in a New York City taxi. The taxi driver discovered the instrument and returned it. Like musicians, business owners sometimes forget important tasks relating to their business entities. Although some forgotten tasks may be correctable, others are not. By forgetting to pay attention to their business entities, an owner can lose it forever.

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Backdating–When is it Appropriate?

Our son is the fourth generation to play a violin made in the early 20th century by Prague luthier Janek (John) Juzek. When researching Juzek’s history, I found it interesting to read that he backdated the labels in his instruments. They included his own name but a completion date about five years earlier than the actual date the instrument was completed. Backdating violin labels was not uncommon, and it was not illegal. However, backdating legal documents is another matter. Backdating legal documents is frequently permissible. However, under other circumstances, it can be fraudulent or illegal.

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Is Your Letter of Intent Permanent and Binding?

Violins are made from about 70 different pieces of woods, most of which are carefully carved and glued together. Despite the availability of synthetic glues, it is not used on the finer instruments. Fine instruments are glued together with water soluble glue made from animal skin and tendon. Although “hide glue,” as it is known, is strong and serves the purpose of holding the violin together, it is not supposed to be permanent. Letters of intent and term sheets are like hide glue. They are meant to provide a strong framework for a transaction and to serve as an aid in negotiating a final contract. However, they are not intended to be permanent and binding.

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You Won’t Live Forever, but Your Business May

Johann Sebastian Bach served in the courts of the nobility and for the church in Leipzig. He wrote his music to meet the needs of those who hired him. Little of his music was published during his lifetime, and he likely had little expectation that his music would survive him. Unlike Bach, most business owners expect that their businesses will survive them. Careful business succession planning can make the difference between a business becoming multi-generational family operation and failing after becoming mired in in-fighting or disputes among heirs.

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Checking Your Sound Post and Attorney Fee Provisions

As he moved the bridge (a task that always makes me nervous), we both heard what sounded like a pencil falling to a wood floor. He moved the violin back and forth, and sure enough, there was the telltale rattling sound that occurs when the sound post has fallen. Despite the importance of the sound post and the skill involved in crafting it, many violinists do not think much about their sound post. Because it is inside of the violin, many violinists do not think much about their sound posts–until there is a problem. he same is true of many “boilerplate” contract clauses.

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